Inflation reading, consumer sentiment, Pinduoduo: 3 things to watch
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Pinduoduo (PDD) rises after topping earnings, revenue expectations
May 26, 2023 7:58 AM EDTPinduoduo (NASDAQ: PDD) shares jumped Friday after the company topped Q1 earnings and revenue expectations.
The company reported Q1 EPS of RMB6.92, RMB2.45 better than the analyst estimate of RMB4.47, while revenue for the quarter, which increased 58% YoY, came in at RMB37.64 billion... More
